Yemin Moshe Jerusalem 2026 - Historic Boutique Apartments | חדשות נדל"ן | מרכז הנכסים
Yemin Moshe - The Rarest Real Estate in Israel
Yemin Moshe was built in 1891 by Moses Montefiore as the first neighborhood outside the walls of the Old City. Today, it is a tiny boutique neighborhood (~250 houses) with cobblestone streets, historic stone houses, the famous windmill, and a direct view of the Old City. Exclusivity: almost no apartment is available at the same time.
The Unique Features
- ~250 houses in total - extremely low transaction volume
- Original Jerusalem stone from the 1890s
- Pedestrian-only streets
- Direct view of the Old City walls, Tower of David, Mount Zion
- Small community, many homeowners are artists, and there are also apartments of collectors
- Cultural functions: micro-theater, budding museum, galleries
Apartment Prices 2026
- Small apartment ~50-70 sqm: 8M-12M ₪
- Small house ~100-130 sqm: 15M-22M ₪
- House with garden/view balcony: 20M-35M+ ₪
- Per sqm: 130K-250K ₪ - among the highest in Israel
Who Owns Real Estate in Yemin Moshe
- Veteran artists and writers (Bluma/Heiman - original)
- Retired diplomats
- Israeli and international collectors
- A small number of long-time Jerusalem families
Advantages and Disadvantages
Advantages: Historical exclusivity, view, atmosphere, artistic energy, walking distance to the Old City and Mamilla.
Disadvantages: Lack of parking (pedestrian streets), mostly limited to 2-3 rooms, limited renovations (protection of buildings), difficult accessibility for the elderly.
Purchase Options
Single-digit transactions per year. Often takes much longer to reach a deal. Patience and an excellent broker who knows the homeowners personally are required.
Comparison
Compared to Talbiyeh: Talbiyeh is more functional, Yemin Moshe is more attractive. Compared to Mamilla: Mamilla is new and has services, Yemin Moshe is organic and private.
Working with the Property Center
Jerusalem branch manages a waiting list for serious buyers for Yemin Moshe. See also Mamilla and Talbiyeh.